Posts

Showing posts from March, 2021

eBay: No Longer Sleepy

  eBay forecasts massive Q1 growth. The company is now benefitting from certifiable products via internal work and third-party services. The platform saw trading card transactions surge over 140% in 2020. The stock is exceptionally cheap now at 12.5x 2022 EPS estimates. Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street.  Learn More » While COVID-19 damaged most retail properties,  eBay  ( EBAY ) was one online marketplace to really benefit from the higher online demand. The company faces tough comps starting in Q2 which makes the business difficult to evaluate, providing an opportunity for alert investors. My  investment thesis  remains very bullish on the stock as new management pushes forward with aggressive initiatives. Read the full article on Seeking Alpha.  Disclosure: Long EBAY. Please review the disclaimer page for more details. 

Ayr Wellness: New Name, Same Game

  Ayr Wellness is poised for substantial growth through 2022. The small MSO will quickly rival the size of global cannabis stocks with market valuations in excess of $10 billion. The stock trades at only 7.6x EV/2022 EBITDA target of $325 million. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » In a matter of months,  Ayr Strategies  ( OTCQX:AYRWF ) made a transformative deal in Florida and  changed their name  to Ayr Wellness. The U.S. multi-state operator ("MSO") now forecasts massive revenue and adjusted EBITDA targets in 2022 making the company a major player in the cannabis world. My  investment thesis  remains very bullish on the stock even after a 60% gain since the last article less than three months ago. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please read the disclaimer page for more details. 

Joby Aviation: On My Radar

Image
  Joby Aviation is going public via a business deal with Reinvent Technology Partners. The company is building an eVTOL to enter the urban air taxi market by 2024. The stock has a market valuation of nearly $7 billion with a 2026 revenue estimate topping $2 billion. Joby Aviation is compelling compared to robotaxi valuations. Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street.  Learn More » The urban air taxi service sector is immensely appealing, but the recent  business combination  of the  Reinvent Technology Partners  (RTP, RTPU) SPAC and Joby Aviation raised eyebrows on the initial valuations. The company has all the promising aspects of a successful company, but investors should be cautioned on the length to material revenues and the risk of meeting those goals. The stock should definitely be on the radar of aggressive growth investors. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer

Skillz: Back To Earth

Image
  Wolfpack Research released a short report on Skillz. The recently closed SPAC deal was irrationally priced in the stock market with the market cap soaring above $20 billion at the highs. The company must maintain 2021 revenue targets of $366 million despite the headwinds in mobile gaming. Investors must avoid this stock due to valuation and especially if Wolfpack Research is accurate on the upcoming revenue misses. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » The upcoming  Skillz  ( SKLZ ) earnings report is important for not only the stock, but also the cooling SPAC space. A lot of the blank-check companies have made business combinations based on aggressive 2025+ revenue targets, yet very few of these companies have reported earnings since going public. The real-money gaming platform was already an extremely expensive stock before Wolfpack Research hit the stock with a  report  suggesting the revenue targets